Flood

London’s Rich Come to Grips With Flood Risk on Their Doorstep

London’s Rich Come to Grips With Flood Risk on Their Doorstep

As London struggles to adapt to the reality of more frequent and powerful floods, its wealthier corners are emerging as some of the most at risk. Last month in the affluent London neighborhood of South Hampstead, homeowners packed a community hall for an event dedicated to preparing for the next big flood. Attendees had good […]

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US federal government shutdown creates opportunities for private flood insurers

Florida flood

The US National Flood Insurance Program has been frozen following the government shutdown. As the political stalemate grinds on, private…       Related Stories Everest Group shares fall 11% amid US casualty reserve challenges Insurers must assess exposure as commission models come under fire This year’s quiet hurricane season is not unusual – but it is

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Shutdown Freezes Federal Flood Insurance, Impacting Homeowners and Buyers

Shutdown Freezes Federal Flood Insurance, Impacting Homeowners and Buyers

Did you know that because of the government shutdown, FEMA’s National Flood Insurance Program is not available to new customers or people who want to increase their coverage? On March 15, Congress extended the flood insurance funding through September 30. As we are now well past that date, the program has been frozen. So what

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Hong Kong Boosts Flood Management as Climate Change Fuels Heavy Rains

Hong Kong Boosts Flood Management as Climate Change Fuels Heavy Rains

Two years ago, extreme rainfall inundated Hong Kong, turning roads into raging rapids, submerging cars and flooding malls, making it one of the city’s most costly weather events ever. When another round of record-breaking rains drenched the city last month, the damage and disruption were comparatively minimal. “I was looking outside the window, seeing the

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Texas Bill Would Levy Stricter Penalties on Camps Following Hill Country Flood

Texas Bill Would Levy Stricter Penalties on Camps Following Hill Country Flood

A bill that would tighten how youth camps are penalized for safety deficiencies and that would diminish the industry’s influence on a state advisory committee has gained traction in the Legislature. While Senate Bill 1 passed last week created a series of new emergency preparedness reforms for youth camps following the tragic flooding deaths of

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